Definition : Indictable offence

A serious offence, constituting a crime, for which a person is prosecuted by indictment. This type of offence carries the most severe penalties in the Criminal Code (federal law). Examples of criminal acts include theft or fraud, sexual assault with a weapon, driving under the influence of alcohol and aggravated assault, extortion and murder. The court, on the application of an interested person, may prohibit a person from holding office as a director of a syndicate of co-owners if the person has been found guilty of an indictable offence involving fraud or dishonesty in a matter related to legal persons.

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Section 339 of the Civil Code of Quebec establishes as a basic rule that the term of office of a director is one year. The By-law of the immovable usually describe all the terms and conditions specific to the office of director, including the duration of his mandate. Thus, a syndicate of co-owners may,…...

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